We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Sunday, 11 November 12
AN OPTIMISTIC WEEK FOR INDONESIAN SUB-BIT COAL
 COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for January 2013 delivery gains 2.08 percent WoW and 1.28 percent DoD on Friday, 9 November 2012, according to the data released by AsiaClear OTC coal swaps on Friday.
Sub-Bit FOB Indonesia coal swaps for January 2013 delivery was opened on 5 November 2012 at US$ 60.37pmt but closed at US$ 61.63 on 9 November 2012 gains around $ 1.26 pmt. December 2013 delivery as well as average calendar 2013 delivery prices also gained 2.33 percent and 2.22 percent respectively per MT for the same period.
Average December 2013 deliveries for Sub-Bit Indonesia coal was opened at $ 65.52 pmt on 5 November 2012 and closed at $ 67.05 on 9 November 2012.
Average prices for CFR South China coal shipment for January’13, December’13 and calendar 2013 deliveries also gained WoW as well as DoD. Last week price movements for 2013 deliveries were showing a positive direction and if it is continues, then the market will correct itself favoring coal producers. However the same direction was failed to transformed to physical market during the same period.
CFR South China coal shipments (delivery January 2013) was opened at $ 84.00 on 5th November and closed at $84.00 on 9 November 2012 without any change WoW. However, CFR South China coal prices gains 0.23 percent DoD. The CFR South China coal swaps for December’13 delivey also gains 0.24 percent W-W and 0.11 percent D-D for the same period.
Sub-Bit FOB Indonesia coal contracts for January 2013 delivery closed at US$ 61.63 on 9 November 2012 compared to US$ 60.37 Monday opening, gained US$ 1.26 per MT. In the meantime, CFR South China coal January ‘ 13 delivery closed at US$ 84.00 with no change on W-W but gained US$ 0.20 pmt D-D.
CFR South China coal, average Calendar 13 delivery also moved positive direction this week gains 0.03 percent W-W and 0.13 percent d-d. Sub-Bit FOB Indonesia coal contracts for average cal 13 delivery gained 2.22 percent or US$ 1.40 pmt W-W, and 1.35 percent D-D closed at US$ 64.33.
A commodity swap is a financial agreement whereby a floating, or spot, price is exchanged for a fixed rate over a specified contract period.
However, AsiaClear OTC Sub-Bit Indonesia coal swap for December’13 delivery closed US$ 5.42 higher compared to January’13 delivery price of US$ 61.63. CFR South China coal swap for December’13 delivery closed US$ 5.45 higher per mt compared to January’ 13 delivery price. Swaps are showing a positive market condition during 2nd half of year 2013.
Indonesian government has sets its November HBA at US$ 81.44 for 6322 GAR coal. November HBA is 5.35 per lower than October price or 30.18 percent lower than a year ago.
The Indonesian government has also reduced its DMO requirement by 18 percent due to lower consumption by power plants in Indonesia. Indonesian miners were required to allocate 67.3 million metric tons of coal under DMO requirement, down from the previous requirement of 82.1 million tons or less 14.8 million tons of coal set in August of last year. However, the market is calm and there is no excess cargo due to reduction of DMO. According to a one of the largest coal producer, the reduction on DMO requirement has not affected them, as they have already signed the contract as per previous requirement.
Recently Indonesian government has issued a DMO regulation for 2013 supply figures. According to DMO requirement, miners were asked to allocate 74.30 million metric tons of coal under the so-called domestic market obligation (DMO) in 2013, which is little higher than 2012 revised DMO requirement.
Year 2013, DMO volume is almost equivalent to 20.30 percent of the targeted production volume of coal in 2013. The Indonesian government is forecasting the 2013 coal production will be around 337 million tons to 366.04 million tons.
Due to higher coal output and less demand, the price recovery will be in slow speed. According to coal a coal producer, Chinese demand is still slow. Hence the price recovery will take time. Now producers are pushing their existing buyer’s to perform their existing contracts which were concluded at a high price than the current price. “ We don’t have a coal to offer against any new inquiries for November or December delivery or at least until January 2013” , said a coal producer from Kalimantan.
“ Indonesian coal producers want to delay their annul coal supply contract negotiation to early next year to get better price than existing”, a market player said.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 12 November 12
THE ESTABLISHMENT OF NORTH KALIMANTAN AS A NEW PROVINCE WILL NOT AFFECT THE LOCAL MINING COMPANIES
The government of Indonesia has ensured that the establishment of North Kalimantan as a new province will not affect the local mining companies ...
Monday, 12 November 12
DRILLING COMPLETED AT THE MOORLANDS DEPOSIT, WEST BOWEN PROJECT
Press Release - Cuesta Coal Limited (ASX: CQC) (“Cuesta”) is pleased to announce it has completed its exploration activities at the Moor ...
Monday, 12 November 12
BARGE-LOAD OF 5K TONNES OF COAL FROM THE ADK JOINT VENTURE SHIPPED LAST WEEK
COALspot.com - Orpheus Energy (ASX:OEG) has announced that, it has successfully shipped a 5,000 tonne of ADK thermal coal to an Indonesian trading g ...
Sunday, 11 November 12
THE IRON ORE AND COAL PRICES MOVEMENTS REMAINS LOW - VISTAAR
COALspot.com The market remained soft with all the sectors soft.
The BDI and was down by 4.67 pct closing at 940 points, on Friday 9 Novemb ...
Friday, 09 November 12
SHIP OWNERS TURN TO SECOND HAND VESSELS, WHICH COME AT ATTRACTIVE PRICES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The attractiveness of modern second hand vessels, which are often priced aggressively can't be ignored by cash-rich ship owners, who are taking adv ...
|
|
|
Showing 4506 to 4510 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
- Karbindo Abesyapradhi - Indoneisa
- Planning Commission, India
- Miang Besar Coal Terminal - Indonesia
- PowerSource Philippines DevCo
- Tamil Nadu electricity Board
- Iligan Light & Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Uttam Galva Steels Limited - India
- Power Finance Corporation Ltd., India
- Central Electricity Authority - India
- Tata Chemicals Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Wood Mackenzie - Singapore
- Bharathi Cement Corporation - India
- Ministry of Transport, Egypt
- Semirara Mining Corp, Philippines
- Vedanta Resources Plc - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Cigading International Bulk Terminal - Indonesia
- Port Waratah Coal Services - Australia
- SN Aboitiz Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Bayan Resources Tbk. - Indonesia
- MS Steel International - UAE
- Parliament of New Zealand
- Coalindo Energy - Indonesia
- Georgia Ports Authority, United States
- Goldman Sachs - Singapore
- Independent Power Producers Association of India
- Economic Council, Georgia
- New Zealand Coal & Carbon
- GMR Energy Limited - India
- Price Waterhouse Coopers - Russia
- Bukit Baiduri Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Sree Jayajothi Cements Limited - India
- White Energy Company Limited
- Medco Energi Mining Internasional
- TeaM Sual Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ASAPP Information Group - India
- Gujarat Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Altura Mining Limited, Indonesia
- Bangladesh Power Developement Board
- Central Java Power - Indonesia
- Manunggal Multi Energi - Indonesia
- Agrawal Coal Company - India
- Meralco Power Generation, Philippines
- Electricity Generating Authority of Thailand
- Riau Bara Harum - Indonesia
- Essar Steel Hazira Ltd - India
- Globalindo Alam Lestari - Indonesia
- Anglo American - United Kingdom
- Baramulti Group, Indonesia
- GVK Power & Infra Limited - India
- Salva Resources Pvt Ltd - India
- Indogreen Group - Indonesia
- Meenaskhi Energy Private Limited - India
- Orica Mining Services - Indonesia
- Petron Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Australian Commodity Traders Exchange
- VISA Power Limited - India
- Indian Oil Corporation Limited
- Sarangani Energy Corporation, Philippines
- Videocon Industries ltd - India
- Cement Manufacturers Association - India
- Therma Luzon, Inc, Philippines
- Aditya Birla Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Samtan Co., Ltd - South Korea
- Gujarat Sidhee Cement - India
- Borneo Indobara - Indonesia
- Energy Link Ltd, New Zealand
- Barasentosa Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Chettinad Cement Corporation Ltd - India
- The State Trading Corporation of India Ltd
- Kapuas Tunggal Persada - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Parry Sugars Refinery, India
- Antam Resourcindo - Indonesia
- Coal and Oil Company - UAE
- Maheswari Brothers Coal Limited - India
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- Larsen & Toubro Limited - India
- Singapore Mercantile Exchange
- Thiess Contractors Indonesia
- Karaikal Port Pvt Ltd - India
- Interocean Group of Companies - India
- Savvy Resources Ltd - HongKong
- Gujarat Mineral Development Corp Ltd - India
- Global Green Power PLC Corporation, Philippines
- Africa Commodities Group - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Oldendorff Carriers - Singapore
- PTC India Limited - India
- Siam City Cement PLC, Thailand
- PNOC Exploration Corporation - Philippines
- Australian Coal Association
- London Commodity Brokers - England
- Kepco SPC Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Rio Tinto Coal - Australia
- Eastern Coal Council - USA
- GAC Shipping (India) Pvt Ltd
- Bukit Makmur.PT - Indonesia
- Mjunction Services Limited - India
- Latin American Coal - Colombia
- Semirara Mining and Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Global Coal Blending Company Limited - Australia
- Romanian Commodities Exchange
- CNBM International Corporation - China
- Ceylon Electricity Board - Sri Lanka
- Kumho Petrochemical, South Korea
- Madhucon Powers Ltd - India
- The University of Queensland
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- Indika Energy - Indonesia
- Mintek Dendrill Indonesia
- Binh Thuan Hamico - Vietnam
- Kideco Jaya Agung - Indonesia
- Vizag Seaport Private Limited - India
- Deloitte Consulting - India
- South Luzon Thermal Energy Corporation
- Trasteel International SA, Italy
- McConnell Dowell - Australia
- Mercator Lines Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Energy Exchange, India
- Jorong Barutama Greston.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Billiton Holdings Pty Ltd - Australia
- Edison Trading Spa - Italy
- GN Power Mariveles Coal Plant, Philippines
- IEA Clean Coal Centre - UK
- Bhushan Steel Limited - India
- Thai Mozambique Logistica
- Wilmar Investment Holdings
- Aboitiz Power Corporation - Philippines
- Chamber of Mines of South Africa
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercuria Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Posco Energy - South Korea
- Intertek Mineral Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Heidelberg Cement - Germany
- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- Jaiprakash Power Ventures ltd
- Eastern Energy - Thailand
- OPG Power Generation Pvt Ltd - India
- The Treasury - Australian Government
- Ind-Barath Power Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- ICICI Bank Limited - India
- India Bulls Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Merrill Lynch Commodities Europe
- Kobexindo Tractors - Indoneisa
- Siam City Cement - Thailand
- Global Business Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Rashtriya Ispat Nigam Limited - India
- SMC Global Power, Philippines
- Toyota Tsusho Corporation, Japan
- Marubeni Corporation - India
- Ambuja Cements Ltd - India
- Sakthi Sugars Limited - India
- Energy Development Corp, Philippines
- Sical Logistics Limited - India
- Jindal Steel & Power Ltd - India
- Electricity Authority, New Zealand
- Ministry of Finance - Indonesia
- Star Paper Mills Limited - India
- Attock Cement Pakistan Limited
- Xindia Steels Limited - India
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- Banpu Public Company Limited - Thailand
- Bhatia International Limited - India
- Directorate Of Revenue Intelligence - India
- SMG Consultants - Indonesia
- Formosa Plastics Group - Taiwan
- Metalloyd Limited - United Kingdom
- Carbofer General Trading SA - India
- Makarim & Taira - Indonesia
- Sojitz Corporation - Japan
- Standard Chartered Bank - UAE
- Timah Investasi Mineral - Indoneisa
- Grasim Industreis Ltd - India
- Sindya Power Generating Company Private Ltd
- Renaissance Capital - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Alfred C Toepfer International GmbH - Germany
- Ministry of Mines - Canada
|
| |
| |
|
